Cumulus Media Announces Expiration and Final Results of Exchange Offer and Consent Solicitation
Cumulus Media(CMLS) Newsfilter·2024-05-02 20:47
ATLANTA, May 02, 2024 (GLOBE NEWSWIRE) -- Cumulus Media Inc. (NASDAQ:CMLS) (the "Company" or "Cumulus") today announced the expiration and final results of its subsidiary's, Cumulus Media New Holdings Inc. (the "Issuer"), previously announced offer to exchange (as amended, the "Exchange Offer") any and all of its outstanding 6.750% Senior Secured First-Lien Notes due 2026 (the "Old Notes") for new 8.000% Senior Secured First-Lien Notes due 2029 (the "New Notes") to be issued by the Issuer, upon the terms of ...